Bring Home Hyundai Exter Base Variant EX After a Down Payment of Two Lakhs, Learn About the EMI
Pune,15 July 2024: Hyundai Motors, a leading car manufacturer in India, offers the Exter as a compact SUV. If you are planning to buy the base variant EX of this SUV from the South Korean car manufacturer, you might be wondering how much the monthly EMI (Hyundai Exter EX EMI) would be after making a down payment of two lakhs. Let’s find out. Auto Desk, New Delhi. To attract the youth in India, Hyundai launched the Exter last year. In just 12 months, this SUV has sold one lakh units. If you are also planning to buy the base variant EX of this car and want to bring it home after making a down payment of two lakhs, we will provide you with information on how much the monthly EMI will be.
Price Details
Hyundai offers the Exter SUV’s base variant EX in the Indian market at an ex-showroom price of 6.13 lakhs. If you purchase this SUV in Delhi, you will need to pay approximately 54 thousand rupees for RTO, around 27 thousand rupees for insurance, and two thousand rupees for a smart card, MCD charge, and FASTag. This brings the Hyundai Exter EX on-road price to around 6.95 lakhs.
EMI After a Down Payment of Two Lakhs
If you purchase the base variant EX of this SUV, the bank will finance it at the ex-showroom price. After making a down payment of two lakhs, you will need to finance around 4.95 lakhs from the bank. If the bank provides you with 4.95 lakhs at an interest rate of 8.7 percent for seven years, your monthly EMI will be 7889 rupees for the next seven years.
Total Cost of the Car
If you take a car loan of 4.95 lakhs from the bank at an interest rate of 8.7 percent for seven years, you will need to pay an EMI of 7889 rupees every month for seven years. In this way, you will pay approximately 1.67 lakhs as interest for the Hyundai Exter EX variant over seven years. Adding the ex-showroom price, on-road price, and interest, the total cost of your car will be around 8.62 lakhs.
